Federal Real Estate Board

The Federal Real Estate Board was a United States federal agency established in 1921 within the Treasury Department to manage federal properties (excluding public lands such as National Forests and Bureau of Land Management land), with its purpose being to reduce expenses by coordinating the use of real estate across federal agencies. It was active in the Harding and Coolidge administrations.

A different board of the same name was active during the Roosevelt and Truman administrations. This time, the board was primarily tasked to study the impact on state and local governments of the loss of tax revenue due to the exemption from taxation of the vast federal real estate holdings. It also sought to mitigate such damages by encouraging the sale of surplus property and minimizing the acquisition of additional property.

Today federal buildings, among other resources, are managed by the General Services Administration.